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That’s terrible.
by village-idiot 8y ago
That’s terrible.
- dahdum 8y agoIt's good and bad, like it or not oil is required for our modern society, and will be for a long time even as we transition away from it. In the meantime, eliminating our energy dependence on autocratic nations is a pretty big benefit. EU is so dependent on Russian gas they can't push back against aggression.
- anonymous5133 8y agoEU's reliance on russian gas could come to an end though because the USA is building many new LNG export terminals.
- antt 8y agoIt's good and bad in the same way a crack head finding a suitcase filled with crack is good and bad. In short it's catastrophic to anyone who cares about tomorrow.
- dahdum 8y agoYou're painting with some broad strokes of black and white there.
- loeg 8y agoOil has significantly more benefits for the US than crack has for anyone. It certainly has its share of drawbacks, too, but it's not quite as simplistic as that.
- village-idiot 8y agoOil also has significant more downside to all of humanity than crack does.
- village-idiot 8y agoAnd increasing the supply of oil slows down the process of electrification.
- syntaxing 8y agoUntil you noticed how much of our life revolves around gas (at least in the US)...I am all for the electrification of transportation such as cars the next coming couple of years but without oil, our current society would not even function. Driving to work? You need to use oil. Need groceries? You need to use oil. Grocery stores actually have stuff to sell? You need to use oil. There's enough food for everyone because crops are harvest and grown healthy? You need to use oil.
- village-idiot 8y agoYou act as if the cost and availability of oil has no impact on the pace of electrification.
- alehul 8y agoI don't think it's that simple. If we in America are going to continue to use fuel, it's preferable (assuming this matters to you as an American) that we support the jobs and wealth of those in the United States before Saudi Arabia. At the same time, you're right this could be terrible, but for the reason that more supply could lower oil prices and make electric vehicles, and renewable energy as a whole, a less compelling alternative, thus slowing our transition. I doubt the oil markets behave this simplistically, however, so who knows what will happen.
- village-idiot 8y agoI don’t understand why everyone pretends that the process of electrification and the cost of oil are unrelated to each other. Time and time again we see that public interest in oil free ways of doing their lives, from electricity cars to electric furnaces waxes and wanes with the cost of oil. If oil prices drop the progress of electrification will slow down massively. And, every drop of oil pumped is more carbon. We will burn all that oil. If we hadn’t discovered it (or discovered it much later), it wouldn’t go into our atmosphere and risk our species chance of survival.